1. The Paris Peace Treaties and World War I
... creating new countries and as a result of those new poor economies and less money to the existing ones. A further difficulty caused by the Paris peace Treaties was inflation. Inflation means the sustained increase of prices over time so to buy the same amount of food you had to ... up with the market prices and as a result many countries suffered from Inflation. Also as economist john Maynard Keynes saw, the Paris peace Treaties lacked an economic focus, and instead concentrated on other issues. The Treaties did not allowed Europe to recover economically because it did nothing to help ...
- Word Count: 2228
- Approx Pages: 9
- Grade Level: Undergraduate